Bain Capital LLC has agreed to acquire American Trailer Works, manufacturer of utility and cargo trailers, with plans to merge it with another trailer maker.

Boston-based Bain plans to buy American Trailer, Southland, Texas, from an investor group led by Southlake Equity Group for an undisclosed price. American Trailer has 12 plants and sells its trailers through retailers under PJ Trailers, Carry-On Trailer, RC Trailers and other brands.

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